R0402969 - Private Bank - Risk Manager - AVP

Details of the Division and Team:

Deutsche Bank's Private Bank business is one of the largest wealth managers worldwide. We offer our clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of Wealth Management. As a trusted partner of wealthy individuals and entrepreneurs, family offices and foundations, we create lasting value for clients. We specialize in developing bespoke solutions for our clients around the world, for instance wealth planning across successive generations and international borders, asset management with individual risk management, loans and deposits. All this is possible thanks to our global network, our many years of experience and our close collaboration with the Corporate Bank, Investment Bank and DWS.

We aim to become a highly competitive global wealth manager by combining financial strength and stability with trustworthy partnership and forward-thinking in order to build sustainable and beneficial client relationships. As a growth business for Deutsche Bank, we contribute towards building a more balanced, less capital intense and stable business model for the bank.

What we will offer you:

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Flexible benefits plan including virtual doctor consultation services
• Comprehensive leave benefits
• Gender Neutral Parental Leave
• Flexible working arrangements
• 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement

Your key responsibilities:

• Oversight of India NOC team in BAU activities, including to perform 4 eye checks and provide day-to-day guidance
• SME and go-to person on Churning, Cross Border and Pricing control related matters
• Liaise with various stakeholders such as RC, Operations, Back Office Compliance, and DCO on Control related projects
• Follow up on long outstanding deficiencies with Relationship Centre
• Oversight of all responsible 1st LOD control and ensures execution quality and timeliness
• Coordinate internal/external audit and regulatory enquiries/requests to provide data
• Maintain and track various work flow stages/activities and escalation to Team Lead in any identified deviation/issue
• Prepare regular management reporting
• Perform regulatory survey for submitting to regulators
• Participating in remediation projects
• Responsible for day-to-day enquiries related to 1st LOD process/controls from Relationship Centre
• Identifying and prioritizing improvement opportunities and supporting the implementation of control areas of activity

Your skills and experience:

• Minimum 6 years of experience in the private banking industry
• Solid experience/knowledge in 1LOD controls in Private Banking
• Relevant Product knowledge in Private Banking
• Self-starter with strong interpersonal skills. Good team player and be able to cope well under pressure
• Excellent verbal and written communication skills
• Literate in Microsoft Word, Excel & PowerPoint
• Familiar with banking system such as Avaloq and Sales Force
• University Graduate or equivalent

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.

How we'll support you:

Deutsche Bank is the leading German bank with strong European roots and a global network. to see what we do.

Deutsche Bank & Diversity

We strive for a in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.